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Monthly Archives: October 2019

Beyond Meat shares plunge nearly 20% despite solid results as insiders rush for the exits

Beyond Meat CEO Ethan Brown (C) celebrates with guests after ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Drew Angerer | Getty Images Wall Street was largely bullish on Beyond Meat after the alternative meat producer reported a much bigger profit than expected, but …

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Ralph Lauren and Lululemon could be a steal, traders say

Ralph Lauren and Lululemon could be the best of a beaten-down retail breed. TradingAnalysis.com founder Todd Gordon says the two stocks are on his radar for possible breakouts. He says Ralph Lauren’s near 3% dividend yield and 12 times forward multiple make it particularly attractive. “We are holding uptrend support …

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5 things to know before the stock market opens October 29, 2019

1. Stocks to open lower, after S&P 500 record, with Nasdaq on track for biggest loss Traders work on the floor at the New York Stock Exchange, October 28, 2019. Brendan McDermid | Reuters U.S. stock futures were under pressure Tuesday, a day after the S&P 500 hit an all-time …

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Goldman says there are three big stock buyers that will keep the record rally going

The S&P 500 surged to a new all-time high on Monday, and Goldman Sachs says the bull market will keep on rolling into 2020 on the back of three big buyers: corporations, foreign investors and US households. Companies will spend $470 billion on stocks next year, with foreign investors and …

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Can Vietnam replace China as a global manufacturing hub?

Garment factory workers working in a factory in Hanoi, Vietnam on May 24, 2019. Manan Vatsyayana | AFP | Getty Images Vietnam, a frontier market in Southeast Asia, is often named as one of the biggest winners in the U.S.-China trade dispute. The U.S. and China have slapped higher tariffs on …

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Performances of these luxury brands show consumer’s great

Strong stock performances in the high-end consumer discretionary space show the broader U.S. economy “may be in better shape” than investors are led to believe, CNBC’s Jim Cramer said Monday. Cramer, using the charts of technician Bob Lang, a colleague and publisher of ExplosiveOptions.net, looked at some of the top …

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Trump, Democratic rivals pay Big Tech companies millions despite criticism

2020 presidential candidates Senator Bernie Sanders, an independent from Vermont, from left, former U.S. Vice President Joe Biden, Senator Elizabeth Warren, a Democrat from Massachusetts, and Pete Buttigieg, mayor of South Bend, arrive on stage for the Democratic presidential candidate debate in Westerville, Ohio, U.S., on Tuesday, Oct. 15, 2019. …

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Alphabet tumbles on earnings, but traders see a buy

Alphabet is tumbling on earnings. The Google parent fell more than 2% after the bell Monday after posting $10.12 in profit for the third quarter, $2.34 less than expected. However, the third FANG name to report remains the best performer this month, rising more than 6% and besting gains in …

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Spotify shares rise as much as 18% after turning a surprise profit

A trading post sports the Spotify logo on the floor of the New York Stock Exchange, Tuesday, April 3, 2018. Richard Drew | AP Spotify Technology delivered a surprise profit and its stock is reaping the benefits.  The music streaming company’s shares surged as much as 18% Monday after a …

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3 things that could trip up the rally as stocks reclaim all-time highs

Traders work on the floor of the New York Stock Exchange. Spencer Platt | Getty Images The S&P 500 broke through its previous highs Monday, just as the historically best time of year for stocks got underway. That should give the market fuel for a positive market move into the …

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